Alternatives for tracking your net worth
The personal finance tool market splits roughly three ways: aggregators that read your bank, apps focused on monthly spending, and portfolio tools for investors. netclariq starts from the idea that your net worth is a single number and shouldn't live in three different places.
No formulas to maintain
Every entry updates net worth, budget and portfolio automatically, checked with simplified double-entry bookkeeping.
No bank credentials required
No open banking or standing permissions: you log entries manually or import a CSV, and your bank login stays with your bank.
One consolidated figure
Accounts, debts, property and investments in the same view, with a monthly net worth history.
| Criterion | Other tools | netclariq |
|---|---|---|
| Bank aggregators | Sync transactions automatically, but require credentials and often skip debt and property | No bank credentials, with debt, property and investments included |
| Budgeting apps | Strong for monthly spending, with little long-term net worth view | Monthly and annual budgeting connected to net worth |
| Portfolio trackers | Excellent for a portfolio, but isolated from the rest of your finances | Portfolio tracking with FIFO cost basis and IRR alongside the full picture |
| Credential privacy | Aggregators typically require credentials or standing permissions on your accounts | No open banking: manual entry or CSV import, credentials stay with your bank |
| Consistency of the numbers | Loose tagging: a stock purchase can end up counted as an expense | Simplified double-entry bookkeeping, so amounts aren't double-counted |
| Debt and mortgages | A standalone calculator or a simple record of the instalment | Full amortization schedule with rate changes and prepayments |
| Forward planning | Uncommon or limited to a one-off calculator | Multi-year scenarios with real amortization schedules |
| Shared use | Single account or limited sharing | Independent spaces with members and permissions |
How to choose
Ask what decision you're trying to make better. If it's controlling this month's spending, a budgeting app is enough. If it's whether your current savings rate is on track for a net worth goal, you need a tool that combines investments, debt and assets.
What netclariq doesn't do
It doesn't connect to your bank or place trades, doesn't give financial advice, and doesn't replace a tax advisor. Recording transactions takes a few minutes a month, and in exchange you don't hand credentials to anyone.
When netclariq isn't your tool
We'd rather tell you now than after your 30-day trial.
- If you only want to categorize this month's spending and nothing else
- If you're looking to place trades or buy financial products
- If you expect personalized financial advice
Frequently asked questions
- Why is there no bank sync?
- Because it means handing credentials or consent to a third party. We'd rather keep your real accounts out of the tool's reach.
- Can I use netclariq alongside another app?
- Yes. Many people keep their day-to-day spending app and use netclariq for the net worth view and planning.